Olamina Fund
U.S.A, with a focus on the Deep South, rural America, and Indian Country
Model C FSP since December 2024
Description
Launched by Candide Group in 2019, Olamina provides impact-oriented loans to a variety of women- and BIPOC-led private debt providers. These organizations include such as CDFIs, non-profit loan funds, and other institutions, which invest in critical community staples including small business development, worker cooperatives, and low-income housing.
Mission
Olamina seeks to address the historic lack of access to capital in American communities- namely Black and Native communities, who have faced decades of disinvestment and intentional extraction. Olamina seeks to build tangible and sustainable community wealth by investing in access to asset building, high quality jobs, and self-determination for low-income communities.
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